Deepwater Horizon - Three Months and Counting

Almost three months after the devastating destruction of the Deepwater Horizon drilling platform, BP has finally managed to staunch the massive flow of oil escaping from the platform's breached wellhead.  A cap newly-positioned on the wellhead appears to be holding against the intense pressure of the undersea oil and gas reservoir, but BP and the federal government are maintaining a close watch to determine whether any oil or gas may be leaking from the potentially-damaged well bore.  Such leakage could then escape into the Gulf of Mexico via fissures in the surrounding sea floor.

In the meantime, Congress is considering whether to amend maritime liability laws to eliminate statutory roadblocks that some claim could bar adequate compensation for those injured, and the survivors of those killed, in accidents like the Deepwater Horizon catastrophe.

For more information, please visit Arnold & Itkin's further discussion at GulfCoastMaritime.com.

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